Palo Alto County Economic Development Corp
Palo Alto County Economic Development Corp's network
13 people9 organisationsi13 people and 9 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (13). Violet dotted lines (12) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
13 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 13 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Beth Elman | Director | 2019 | 7 yrs |
| Brian Malm | Director | 2023 | 3 yrs |
| Craig Merrill | Director | 2019 | 7 yrs |
| Ivan Dalen | Director | 2019 | 7 yrs |
| Jonathan MOE | Vice Preside | 2021 | 5 yrs |
| Kevin Schumacher | Director | 2024 | 2 yrs |
| Kim Kibbie | Company secretary | 2021 | 5 yrs |
| Larry Akridge | Director | 2023 | 3 yrs |
| Linda Thilges | Director | 2020 | 6 yrs |
| Rick Brennan | Past Preside | 2019 | 7 yrs |
| Roger Faulstick | Director | 2023 | 3 yrs |
| Scott Stokes | Treasurer | 2023 | 3 yrs |
| Tony Brugman | President | 2019 | 7 yrs |
Pay and hours
year to 30 June 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Larry Akridge | Director | 0.25 | $0 | ||
| Rick Brennan | Past Preside | 0.25 | $0 | ||
| Tony Brugman | President | 0.25 | $0 | ||
| Ivan Dalen | Director | 0.25 | $0 | ||
| Beth Elman | Director | 0.25 | $0 | ||
| Roger Faulstick | Director | 0.25 | $0 | ||
| Kim Kibbie | Secretary | 0.25 | $0 | ||
| Brian Malm | Director | 0.25 | $0 | ||
| Craig Merrill | Director | 0.25 | $0 | ||
| Jonathan Moe | Vice Preside | 0.25 | $0 | ||
| Kevin Schumacher | Director | 0.25 | $0 | ||
| Scott Stokes | Treasurer | 0.25 | $0 | ||
| Linda Thilges | Director | 0.25 | $0 |
No pay was reported for anyone in Part VII on this return.
About
- Legal name
- Palo Alto County Economic Development Corp
- EIN
- 371524573
- Address
- 106 S Dodge St Ste 210, Algona, IA, 50511-2666
- State
- Iowa
- Mission
- The palo alto county economic development corporation will serve as a facilitator of economic development by encouraging and promoting growth in the areas of existing businesses/expansion, job retention, marketing, tourism, and to provide leadership to help improve the quality of life for all residents in palo alto county. (as filed on the Form 990)
- Activity (NTEE)
- S20 Community improvement and capacity building
- IRS classification
- 501(c)06 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Community Improvement & Capacity Building
- Size band
- 4 (IRS master file code)
- Formed
- 2006
- Principal officer
- Tony Brugman (as named on the Form 990)
- IRS ruling date
- 1 July 2007
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 6, latest 2025
Most connected
Longest observed on the filings
≥7years on the filingsBeth Elman
≥7years on the filingsCraig Merrill
≥7years on the filingsIvan Dalen
≥7years on the filingsRick Brennan
Latest return
year to 30 June 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 30 June 2025. US dollars, as filed.- Total assets
- $423k
- Total liabilities
- $0
- Net assets or fund balances
- $423k
- Contributions and grants received
- $173k
- Program service revenue
- $0
- Employees
- 0
- Volunteers
- 2
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $180k | $168k | $13k |
As filed on the IRS Form 990. US dollars.
State registration
1 entityiBusiness-entity registers published by US states. These records are matched to this organisation by name and state, not by EIN, and are labelled as likely matches. Street addresses are not shown.Palo Alto County Economic Development Corporation likely matchiMatched by exact name and state (and ZIP where shown). State registers do not publish EINs, so this is not a confirmed match. Source: Iowa Secretary of State, active business entities (data.iowa.gov ez5t-3qay). Licence: CC BY 4.0. Attribution: Iowa Secretary of State. Data last fetched 18 October 2026.
- State
- Iowa
- Entity type
- Revised Domestic Non-Profit
- Status
- Active
- Formed
- 10 August 2006
- Registered agent
- Kris M Ausborn (city and state not held)